RTX Corporation, formerly known as Raytheon, has agreed to pay over $950 million to settle allegations of fraud and bribery, including inflated costs on contracts for Patriot missile systems and illegal payments to secure defense deals with Qatar. The allegations include inflated billing practices and illegal payments made to secure contracts with Qatar's military
Airbus Defence and Space plans to reduce up to 2,500 positions in its workforce by mid-2026 due to ongoing challenges in the defense and space sectors. The company said it will reduce positions, especially in the Space Systems segment, where significant financial charges were recorded in 2023 and 2024
NATO has announced plans to enhance its satellite communications in the Arctic region and advance the development of a new generation multi-role rotorcraft during the Defence Minister's Meeting in Brussels on Thursday. These
The U.S
The German Bundestag has approved a 10-year contract with ESG to manage the German militarys "Central Bundeswehr Spare Parts Logistics" (ZEBEL) system, ensuring 48-hour delivery of supplies for land and airborne weapon systems. The agreed scope of services includes several core tasks
HENSOLDT has signed a contract with Space Centre Australia (SCA) to supply two Air Surveillance Radar - Next Generation (ASR-NG) systems, along with a 20-year sustainment plan. The deal is valued at around €20 million (approximately $30 million AUD)
Ukrainian cybersecurity experts are raising alarms following reports of a data breach involving the Reserve+ application, designed for electronic updates of military registration data. Users received a concerning message from the official bot of the Reserve+ application, instructing them to download a program named REZERVPLUS
The Israel Defense Forces (IDF) announced on Thursday that three “terrorists” were eliminated during operations in Gaza, with investigations ongoing into the possibility that one of them is Yahya Sinwar, the leader of Hamas
Rostec has introduced its IGLA anti-drone cartridges for LEX series firearms at the ORЁLEXPO exhibition in Moscow, which runs from October 17 to 20, 2024. These cartridges are designed to neutralize small unmanned aerial vehicles (UAVs) and utilize a dense shot pattern to penetrate both metal and plastic components of drones
GE Aerospaces LM2500 marine gas turbine engines will power the Indian Navy's Next Generation Missile Vessels (NGMV), built by Cochin Shipyard Limited. The contract includes six LM2500 engine kits for assembly and testing at Hindustan Aeronautics Limited (HAL) in Bangalore